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of environment for the investment is also one of our national priorities. currently, the climate for investment according to international ratings isn't among the top 20, i would say, but i wish we have a chance to get in the same kind of format in five years. i bet we will be in the 20. we are working hard on creating conditions in russia that would be considered by other outside investors as good as in 20 best countries in the world. but even today i think our investment climate is very much underrated, and we are doing much better than some of late. at the same time, also when it comes to russian economy we have enjoyed previous -- [inaudible] fiscal environment. we have accumulated significant reserves. we have two funds, one sovereign fund which is about 40 -- $84 billion and another reserve fund that is another $80-miss -- $80-plus billion. and the national reserves are 500 plus billion dollars as well. we are almost debt-free country because our external debt is no more than 2.5% and including internal debt is around 10, 11%. if you compare it with the g8 countries and with the country t
advances in economic thinking and in changing policy environment. notably following the ideas of a large and others the fomc has moved to the framework that ties policy settings more directly to the economic outlook, so-called forecast approach. in particular the fomc has released more detailed statement following its meetings that have relayed the outlook for policy to prospective economic developments and has introduced regular summaries of the individual economic projections of fomc participants, including for the target federal funds rate. the provision of additional information about policy plans as health policymakers deal with the constrained posed by the lower bound o on the short-term interest rate. in particular by offering guidance about a policy will respond to economic development, the committee has been able to increase policy accommodation, even when the short-term interest rate is near zero and cannot be meaningfully reduced further. the committee has also sought to influence interest rates further out on the yield curve, notably through its securities. other central bank
the internal mcleary environment in russia. as i said at the outset i agree with you as well that wherever we can as we try to do we have to try to work with russian our common interests and we have had success in that regard particularly on foreign-policy issues that we share. with regard to our support for democratic change and reform for those speaking out for a pluralistic society we have to despise the environment continue to work with the russians who are willing to work with us. we are not able to support them as fully and we still need to make support available in other ways and i will if confirmed he eager to work with all of you on the committee to look for more ways to do that. in addition we have to speak out as you said and as i said in my opening when we disagree and we have to work more intensively and more cohesively with our european allies and partners because when we speak together our concerns are even stronger. see let me ask you one question about the trade agreement. how worried are you about the ability of europe to be on -- we have seen over the past week france seems
-- inhospitable environment. as dr. neeson laid out in his report, the radical regime of iran is a long-standing highly developed structure in latin america. the primary purpose is to spread the iranian revolution by any means necessary, including terrorist attacks. decision by the bombings as mentioned earlier, and three publicly known failed attacks in the night states. this includes the 2007 attempt , and theas pipe lines 2000 on plot to hire hitman limits can -- from a mexican cartel. it is important that all three offers for all the rest the highest levels of the reigning government. these are manifestations of the core belief of every iranian government since the revolution. review fromst october 22, 1987, the cia stated that iranian leaders view terrorism as an important tool government. the use terrorism selectively and skillfully in coordination with diplomacy and military tactics. we believe leaders leave that terrorism is an except of a policy option, although they may differ on the appropriateness of the particular act of terrorism. reality inundamental the iranian constitut
Search Results 0 to 3 of about 4

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